INDB vs. WBS, WAL, PNFP, CFR, WTFC, ZION, CBSH, SNV, PB, and SSB
Should you be buying Independent Bank stock or one of its competitors? The main competitors of Independent Bank include Webster Financial (WBS), Western Alliance Bancorporation (WAL), Pinnacle Financial Partners (PNFP), Cullen/Frost Bankers (CFR), Wintrust Financial (WTFC), Zions Bancorporation, National Association (ZION), Commerce Bancshares (CBSH), Synovus Financial (SNV), Prosperity Bancshares (PB), and SouthState (SSB). These companies are all part of the "regional banks" industry.
Independent Bank vs.
Independent Bank (NASDAQ:INDB) and Webster Financial (NYSE:WBS) are both finance companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, valuation, community ranking, dividends, risk, profitability, analyst recommendations, media sentiment and institutional ownership.
Webster Financial received 145 more outperform votes than Independent Bank when rated by MarketBeat users. Likewise, 58.68% of users gave Webster Financial an outperform vote while only 54.41% of users gave Independent Bank an outperform vote.
In the previous week, Webster Financial had 10 more articles in the media than Independent Bank. MarketBeat recorded 24 mentions for Webster Financial and 14 mentions for Independent Bank. Independent Bank's average media sentiment score of 0.84 beat Webster Financial's score of 0.64 indicating that Independent Bank is being referred to more favorably in the media.
Independent Bank currently has a consensus price target of $78.00, indicating a potential upside of 16.35%. Webster Financial has a consensus price target of $61.58, indicating a potential upside of 3.38%. Given Independent Bank's stronger consensus rating and higher possible upside, research analysts plainly believe Independent Bank is more favorable than Webster Financial.
Independent Bank pays an annual dividend of $2.28 per share and has a dividend yield of 3.4%. Webster Financial pays an annual dividend of $1.60 per share and has a dividend yield of 2.7%. Independent Bank pays out 49.6% of its earnings in the form of a dividend. Webster Financial pays out 36.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Independent Bank has increased its dividend for 14 consecutive years. Independent Bank is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Webster Financial has higher revenue and earnings than Independent Bank. Webster Financial is trading at a lower price-to-earnings ratio than Independent Bank, indicating that it is currently the more affordable of the two stocks.
Independent Bank has a beta of 0.78, meaning that its stock price is 22% less volatile than the S&P 500. Comparatively, Webster Financial has a beta of 1.3, meaning that its stock price is 30% more volatile than the S&P 500.
83.4% of Independent Bank shares are held by institutional investors. Comparatively, 85.6% of Webster Financial shares are held by institutional investors. 1.0% of Independent Bank shares are held by company insiders. Comparatively, 0.7% of Webster Financial shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Independent Bank has a net margin of 20.26% compared to Webster Financial's net margin of 18.80%. Webster Financial's return on equity of 11.03% beat Independent Bank's return on equity.
Summary
Independent Bank and Webster Financial tied by winning 11 of the 22 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Independent Bank Competitors List
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This page (NASDAQ:INDB) was last updated on 1/20/2025 by MarketBeat.com Staff
